Company / Total Debt
NELNET INC Total Debt History
FY2020-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Total Debt
$7.8B
FY2025
5-year range
$7.8B / $17.6B
FY2021-FY2025
Trend
-6.4%
vs FY2024
Sector context
#45 of 198
Financials
What the data says
NELNET INC's total debt of $7.8B is higher than 77% of companies in the Financials sector (FY2025). Total Debt has declined for 5 consecutive years, from $19.3B in FY2020 to $7.8B in FY2025.
Based on SEC 10-K filings.
$7.8B in FY2025 with a 5-year CAGR of -16.6%. Top quartile in the Financials sector.
Improved from $11.8B to $7.8B over the past 2 years.
Financials sector context is included.
Total Debt over time
Growth rates
- 3-Year CAGR
- -19.0%
- 5-Year CAGR
- -16.6%
- 10-Year CAGR
- -
Sector benchmark
Bottom 23% in FinancialsTop 77% of 198This company $7.8B Sector average $11.0B
▼
-29.2% below sector average
Key checks
Key Insights
- NELNET INC's total debt has declined for 5 consecutive years.
- 5-year CAGR of -16.6%, indicating a declining trend.
- In FY2025, total debt decreased 6.4% year-over-year.
- Ranks #45 out of 198 companies in the Financials sector.
Annual data
| Year | Total DebtValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $7.8B | -6.4% |
| FY2024 | $8.3B | -29.7% |
| FY2023 | $11.8B | -19.2% |
| FY2022 | $14.6B | -17.0% |
| FY2021 | $17.6B | -8.7% |
| FY2020 | $19.3B | - |
| FY2019 | - | - |
| FY2018 | - | - |
| FY2017 | - | - |
| FY2016 | - | - |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026